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Re: (erielack) Alco Farewell / Economy Changes
- Subject: Re: (erielack) Alco Farewell / Economy Changes
- From: RJFlei_@_aol.com
- Date: Mon, 13 Dec 2010 14:51:43 EST
Rich P.
You are correct. Age has gotten the best of my memory. LOL!
Rick
In a message dated 12/13/2010 2:33:54 P.M. Eastern Standard Time,
eldispatcher72_@_yahoo.com writes:
Rick,
I believe that was the Royal Blue the B&O ran. The Banner Blue was a
Wabash
train if I remember correctly.
Rich P
________________________________
From: "RJFlei_@_aol.com" <RJFlei@aol.com>
To: erielack_@_lists.railfan.net
Sent: Mon, December 13, 2010 12:09:51 PM
Subject: Re: (erielack) Alco Farewell / Economy Changes
Lance,
I think the CNJ was at one time under B&O control. The B&O used the CNJ
to
reach Jersey City and ran "The Banner Blue" on the CNJ, if I remember
correctly.
Rick Fleischer
In a message dated 12/13/2010 1:36:04 P.M. Eastern Standard Time,
intercityrailpal_@_netscape.net writes:
As a former RF&P shareholder. It was somewhat like Conrail. That CSX
took the RAIL assets it wanted. Most of the stock was owned by a Virginia
retirement investment firm. So the transaction was done on their terms.
The
company continued just like Reading International and Katy Industries
today.
Stock ticker codes RDI and KATY today. I didnt' follow what happened to
RF&P, M&STL or CNJ. Perhaps taken over or merged up with a non rail
company. The EL is not. It was gone completely in 1992. I welcome more
information, like what happened to the L&HR and CNJ corporation. I know
what
happened
to the rail assets. Lackawanna Lance
- -----Original Message-----
From: Montgomery, Edward T <ETMontgomery_@_fcps.edu>
To: 'EL Mail List' <erielack_@_lists.railfan.net>
Sent: Mon, Dec 13, 2010 11:43 am
Subject: RE: (erielack) Alco Farewell / Economy Changes
Well,
A lot of EL ROW might still be around but if EL had upgraded, I'm sure
either NS
r CSX would have their hands all over the property. EL shareholders
would
have
een offered a deal they could not refuse - sort of like what CSX did to
acquire
ichmond, Fredricksburg 7 Potomac.
Ed Montgomery
- -----Original Message-----
rom: Tupaczewski, Paul R (Paul)
[mailto:paul.tupaczewski_@_alcatel-lucent.com]
ent: Monday, December 13, 2010 11:36 AM
o: EL Mail List
ubject: RE: (erielack) Alco Farewell / Economy Changes
> I think you made some good points. The good news in
Youngstown is that the air is 25% cleaner. The bad news is
that there are no jobs and the jobs that are left pay just a
little more than minimum wage. I guess this is the "New
Economy" or the "New Normal".
Rick Fleischer
Cortland, OH.
nd since we're an economy driven now by foreign imports, today's
railroads
are
rimarily transporting... containers... of goods from China across the US.
Local
usiness? What's that?
Going back to the EL, in theory the EL could have survived as a primarily
ntermodal long-hauler. It was already heading in that direction before
CR.
Not
o beat the proverbial dead horse, but had there been the proper
"planetary
lignment of economic factors," there could still be a vibrant EL today.
learances for double-stacks? Not a problem, considering how the other
"big
oads" today spend government dollars to improve their lines.
Ah well, such it is to dream....
- - Paul
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